Les: Why would Trump's tariffs in America on German cars effect your purchase in Canada. By the way, can I use your car one weekend when you get it? Your Leica too?
Alan, it could affect me, and more than in one way. Actually, I don't know if we pay any tariffs in Canada, but typically the car prices are higher here than in US, even for Mercedes Sprinter vans. Whether that is due also to some taxes or greedier car dealers, I don't know. But as I mentioned in some previous post, when those 20% tariff rumors started, they had a profound effect on the Canadian automobile industry. For example, Magna and Linamar, the Canadian automobile part manufacturers lost 15%, resp. 30% in their value in the last two months. Once Donald waves his magic wand, those stocks would hopefully bounce back to their pre-tariff talks, and since I hold a smallish position in Linamar, I might be able to buy from my profits that Mercedes cabriolet for my winter vacations in Florida. Such a car should be cheaper there than in Canada, so if I buy it while down there, I could save money twice. If things go according to my plan, of course, you could join me on a drive from or to Florida. We should get a CB radio and a really good radar detector.